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Mackinac Financial (Mackinac Financial) Earnings per Share (Diluted) : $1.31 (TTM As of Jun. 2021)


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What is Mackinac Financial Earnings per Share (Diluted)?

Mackinac Financial's Earnings per Share (Diluted) for the three months ended in Jun. 2021 was $0.28. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 was $1.31.

Mackinac Financial's EPS (Basic) for the three months ended in Jun. 2021 was $0.28. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2021 was $1.31.

Mackinac Financial's EPS without NRI for the three months ended in Jun. 2021 was $0.28. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2021 was $1.31.

During the past 12 months, Mackinac Financial's average EPS without NRIGrowth Rate was -1.60% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 13.40% per year. During the past 5 years, the average EPS without NRI Growth Rate was 10.90% per year.

During the past 13 years, Mackinac Financial's highest 3-Year average EPS without NRI Growth Rate was 69.60% per year. The lowest was -20.40% per year. And the median was 8.40% per year.


Mackinac Financial Earnings per Share (Diluted) Historical Data

The historical data trend for Mackinac Financial's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mackinac Financial Earnings per Share (Diluted) Chart

Mackinac Financial Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.87 0.94 1.29 1.27

Mackinac Financial Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.32 0.34 0.37 0.28

Competitive Comparison of Mackinac Financial's Earnings per Share (Diluted)

For the Banks - Regional subindustry, Mackinac Financial's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mackinac Financial's PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mackinac Financial's PE Ratio distribution charts can be found below:

* The bar in red indicates where Mackinac Financial's PE Ratio falls into.



Mackinac Financial Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Mackinac Financial's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2020 is calculated as

Diluted Earnings Per Share (A: Dec. 2020 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(13.473-0)/10.580
=1.27

Mackinac Financial's Earnings Per Share (Diluted) for the quarter that ended in Jun. 2021 is calculated as

Diluted Earnings Per Share (Q: Jun. 2021 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(2.945-0)/10.617
=0.28

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


Mackinac Financial  (NAS:MFNC) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Mackinac Financial Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of Mackinac Financial's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


Mackinac Financial (Mackinac Financial) Business Description

Traded in Other Exchanges
N/A
Address
130 South Cedar Street, Manistique, MI, USA, 49854
Mackinac Financial Corp is a bank holding company. It is engaged in the business of retail and commercial banking. Its products and services include checking and savings accounts, time deposits, interest-bearing transaction accounts, safe deposit facilities, commercial and governmental lease financing and direct, indirect consumer financing, commercial lending, treasury management products, services for small to mid-sized businesses as well as full array of personal and business deposit products and consumer loans. It earns revenue from loans, investments and other interest-bearing assets.
Executives
Paul Davison Tobias director, officer: Chief Executive Officer 38710 WOODWARD AVENUE, SUITE 240, BLOOMFIELD HILLS MI 48304
Jesse A Deering officer: EVP and CFO 260 EAST BROWN ST. SUITE 300 BIRMINGHAM MI 48009
Kelly W George director, officer: President 130 SOUTH CEDAR STREET MANISTIQUE MI 49854
Martin A Thomson director
Randolph Clare Paschke director 5700 CASS AVENUE DETROIT MI 48202
Walter J Aspatore director 255 E BROWN STREET, SUITE 120, BIRMINGHAM MI 48009
Dennis Bittner director 113 S 10TH ST ESCANADA MI 49829
Steinhardt Capital Management, Llc 10 percent owner 650 MADISON AVENUE, 17TH FLOOR NEW YORK NY 10022
David Russ Steinhardt director, 10 percent owner 650 MADISON AVENUE, 17TH FLOOR NEW YORK NY 10022
Steinhardt Capital Investors, Lllp 10 percent owner 650 MADISON AVENUE, 17TH FLOOR NEW YORK NY 10022
Mahaney Robert Edward Ii director 989 WEST WASHINGTON STREET SUITE 102 MARQUETTE MI 49855
Joseph D Garea director 469 NORTH HANLEY ROAD ST. LOUIS MO 63013
Robert Harris Orley director 25251 RIVER DRIVE FRANKLIN MI 48025
Lewis Brooks Patterson director 130 SOUTH CEDAR STREET MANISTIQUE MI 49854
Ernie R Krueger officer: Executive VP and CFO 130 SOUTH CEDAR STREET MANISTIQUE MI 49854